The BSE Sensex and NSE Nifty opened in green on Monday tracking positive global cues. Sensex opened 163.08 points up 27242.60. (Photo: PTI)
9.50 am: Infosys opened at Rs 1,202 on BSE, and had touched a high and low of Rs 1,219 and Rs 1,108.90, in trade so far. The BSE IT index was down 1.18 per cent at 11,384.22.
9.44 am: Infosys has informed that the Board of Directors of the Company at its meeting held on Monday has declared an Interim Dividend of Rs 10 per equity share. Sensex was up 42 points at 27,121. Nifty was up 5 points at 8,195.
9.40 am: Sensex was down 17 points at 27,062. Infosys was trading 3 per cent down at Rs 1,127 on BSE.
9.31 am: Nifty was down 5 points at 8,184. Infosys Executive Vice President and CFO Rajiv Bansal resigned and to be replaced by M D Ranganath. Infosys lowered FY16 revenue guidance from 7.2-9.2 per cent to 6.4-8.4 per cent in dollar terms. The share price of the company was down 2.83 per cent at Rs 1.134.80.
The BSE Sensex and NSE Nifty opened in green on Monday tracking positive global cues. Sensex opened 163.08 points up 27242.60.
Infosys announced its Q2 result in the early trade on Monday. Net Profit: Infosys posted standalone net profit of Rs 6,306 crore for the quarter ended September 2015 against Rs 3,365 crore in the corresponding quarter a year ago. Infosys registered consolidated net profit of Rs 3,398 crore for the quarter ended September 30, 2015 against Rs 3,096 crore in the same quarter a year ago.
Global Markets
New York: US stocks closed slightly higher on Friday, ending the S&P 500’s best week for 2015 on a quiet note as investors waited for U.S. companies to report third-quarter earnings.
London: Britain’s top share index posted its biggest weekly gain since 2011 on Friday, as minutes of a Federal Reserve meeting suggested it was not about to raise interest rates and mining stocks rallied after Glencore cut back zinc production.
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Tokyo: Japanese stocks rose on Friday as commodities and materials rebounded and expectations the U.S. Federal Reserve might raise interest rates this year were further eroded by minutes from the Fed’s September meeting.
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